The free-trade deal seems more firmly rooted in politics than economics, lacking both fairness and transparency, and that doesn’t bode well for a harmonious world order.

For those who oppose the TPP, much as been made of the secret nature in which the treaty was negotiated. Walker Rowe summarizes some major sectors that will be affect by the treaty, and thus trying to influence a rather fractured and unpopular trade agreement.

On October 27, the U.S. Navy sent the guided-missile destroyer USS Lassen on a “freedom of navigation” patrol within 12-miles of a man-made islands.in the Spratly chain. Carpenter argues that there are less confrontational ways to pursue that objective without the kind of “in your face” challenge.

Washington should talk to Beijing to establish their mutual respect for international law, instead of sending a warship so close to China’s islands, no matter if such rocks are natural or artificial.

By re-engaging with its neighbors, especially American allies, in a formal alliance system, China would set up the function of preventative cooperation. That would help to maintain regional peace and security.

While the U.S.-led Trans-Pacific Partnership has potential to split Asia Pacific, it could be used as a foundation for truly free trade, along with other free trade plans in the region.

Because existing trade terms mean 80% of TPP members’ exports to the U.S. are already duty-free while even a bigger percentage of China’s manufactured goods enjoy that status, the agreement’s bottom-line impact on trade is negligible for now. The deal is more about who gets to write the long-term rules of global governance, which for China is both a challenge and an opportunity to reshape its economy in the direction it was going anyway.

Based on what we know from leaks, Transatlantic and Pacific trade deals disproportionally empower corporations. Instead of trade regionalism driven by corporatism and overrated security imperatives, the EU, the USA and China, should join forces and with a trilateral trade commission shape a vast economic space from the Atlantic to the Pacific Ocean.

Open to insiders and restrictive to outsiders, as they lower trade barriers among member economies, regional FTAs tend to build higher trade barriers against non-member economies. Often tools for working around loopholes in the WTO, such regional agreements buck the trend toward globalization.

For China and the United States, a new type of economic and trade relationship with each other is in the best interest of the two major powers, and they should work towards this end. That will require Washington to view the new TTP through the lens of its best economic interests, and join China in creating the world’s largest free-trade zone by around 2030.